12 Best Growth Stocks Under $25 to Buy Now

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5. BrightSpring Health Services, Inc. (NASDAQ:BTSG)

Number of Hedge Fund Holders: 21

Share Price as of January 8, 2024: $17.34

BrightSpring Health Services, Inc. (NASDAQ:BTSG) is a healthcare company that provides a wide variety of home and community-based health services to people. The company offers electronic health record solutions, data analytics and reporting, smart home monitoring, telehealth services, and care management to patients when they need it. In 2023 alone, the company filled 37 million prescriptions for polypharmacy patients and has over 900 locations across all its service lines.

BrightSpring Health Services, Inc. (NASDAQ:BTSG) attributes its position to its expansion strategy comprised of acquisitions and mergers. In the past few months, the company has formed several partners for the development of new drugs and specialist pharmacies. In September, the company announced an agreement to acquire Haven Hospice which delivers comprehensive hospice care across 18 counties in Florida. The acquisition will allow BTSG to offer advanced care planning and hospice services in Florida.

The company’s position in the industry is evident from the fact that it offers solutions across all 50 states in the United States to more than 400,000 customers, clients, and patients every day. However, with such a mature position, the company is still committed to expanding, and this is one of the primary reasons for it to be on our list.

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